All reforms
Lack of regulation of the real estate sector
Fast-track enactment of the Real Estate Bill 2024
In progress
High priority
Status confirmed 11 August 2026Implementation is underway.
Where this stands
At draft stage; stakeholder consultations ongoing.
Why this reform was agreed
There are no clear guidelines, standards or support for agents and clients to ensure the industry operates in a professional, ethical and effective manner.
Ongoing and planned interventions
The Real Estate Bill 2024 remains at draft stage, undergoing stakeholder consultations and review. It requires mandatory licensing for all agents including brokers and realtors, and introduces fidelity insurance requirements.
Progress updates
No progress updates recorded yet
Updates are published as the lead institution confirms movement on this action.